Fidelity National Financial, Inc. $FNF Shares Sold by Prudent Man Advisors LLC

Prudent Man Advisors LLC reduced its holdings in Fidelity National Financial, Inc. (NYSE:FNF) by 15.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,690 shares of the financial services provider’s stock after selling 1,922 shares during the quarter. Prudent Man Advisors LLC’s holdings in Fidelity National Financial were worth $599,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. VestGen Investment Management acquired a new position in Fidelity National Financial in the second quarter valued at $420,000. Brighton Jones LLC increased its stake in Fidelity National Financial by 191.8% in the second quarter. Brighton Jones LLC now owns 9,949 shares of the financial services provider’s stock valued at $558,000 after purchasing an additional 6,540 shares during the last quarter. State of New Jersey Common Pension Fund D increased its stake in Fidelity National Financial by 2.2% in the second quarter. State of New Jersey Common Pension Fund D now owns 83,820 shares of the financial services provider’s stock valued at $4,699,000 after purchasing an additional 1,798 shares during the last quarter. AlphaQuest LLC increased its stake in Fidelity National Financial by 19.5% in the second quarter. AlphaQuest LLC now owns 10,792 shares of the financial services provider’s stock valued at $605,000 after purchasing an additional 1,761 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in Fidelity National Financial by 10.4% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 681,697 shares of the financial services provider’s stock valued at $38,216,000 after purchasing an additional 64,413 shares during the last quarter. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Financial Price Performance

FNF stock opened at $57.09 on Friday. The stock has a 50-day moving average price of $58.71 and a two-hundred day moving average price of $57.94. Fidelity National Financial, Inc. has a 12-month low of $50.61 and a 12-month high of $66.72. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.50. The company has a market cap of $15.51 billion, a PE ratio of 14.49 and a beta of 1.05.

Fidelity National Financial (NYSE:FNF) last issued its earnings results on Thursday, July 13th. The financial services provider reported $0.76 earnings per share for the quarter. Fidelity National Financial had a return on equity of 14.30% and a net margin of 7.93%.The company had revenue of $3.17 billion during the quarter. As a group, research analysts predict that Fidelity National Financial, Inc. will post 6.28 EPS for the current year.

Fidelity National Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th were given a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.00 annualized dividend and a dividend yield of 3.5%. Fidelity National Financial’s dividend payout ratio is presently 50.76%.

Wall Street Analyst Weigh In

FNF has been the subject of several analyst reports. Barclays reiterated a “cautious” rating on shares of Fidelity National Financial in a research note on Monday, October 6th. National Bankshares set a $64.00 price target on Fidelity National Financial in a research report on Monday, October 6th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Fidelity National Financial in a research report on Saturday. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $69.83.

About Fidelity National Financial

Fidelity National Financial, Inc, together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty products.